10 CRR-NY 87.11NY-CRR

STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 10. DEPARTMENT OF HEALTH
CHAPTER II. ADMINISTRATIVE RULES AND REGULATIONS
SUBCHAPTER L. HOSPITALS AND RELATED FACILITIES
PART 87. NURSING HOME COMPANY AND HOSPITAL MORTGAGE LOANS
NURSING HOME COMPANIES
10 CRR-NY 87.11
10 CRR-NY 87.11
87.11 Use of funds of the company.
Funds of a nursing home company shall not be used for any purpose other than the ordinary operation of the project, without the prior written approval of the State Department of Health. Company funds shall not be invested without the approval of the State Department of Health. No loans shall be made at any time.
10 CRR-NY 87.11
Current through September 15, 2021
End of Document

IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.